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1、02The State Of Tamil Nadu Startup Ecosystem Report 202503 INC42 MEDIA|NOT FOR DISTRIBUTIONMessageTamil Nadu has long been a pioneer in industrial progress,social justice,and inclusive governance.As Indias most urbanised and industrialised state,and a hub for automobiles,electronics,renewable energy

2、and higher education,we have consistently balanced economic growth with social equity.In 2024-25,Tamil Nadu recorded a real GSDP growth of 11.19%,reflecting the strength of this foundation.In recent years,the state has also emerged as one of Indias most vibrant startup ecosystems.From just over 2,00

3、0 DPIIT-registered startups in 2021,we have grown to more than 12,000 today nearly half led by women entrepreneurs.Innovation is now a movement across districts,spanning deeptech,spacetech,agritech,mobility,and climate solutions.This progress has earned both national and global recognition:Ranked Be

4、st Performer in the Government of Indias States Startup Ranking.Chennai ranked 18th in Asia and in the global top 10 for Affordable Talent(Startup Genomes Global Startup Ecosystem Report).Ecosystem value grew nearly 9 times from$3 billion in 2021 to$27.4 billion in 2024.Tamil Nadu is now Indias thir

5、d-largest deeptech hub,with over$184 million raised in space,defence,and hardware.The Atal Innovation Mission has recognised Tamil Nadu as a model state for building innovation ecosystems.These achievements are powered by the collective efforts of our educational and research institutions,incubators

6、,investors,and State Government agencies such as TIDCO,TNIFMC,EDII-TN,iTNT Hub,and Guidance Tamil Nadu.Together,they have built a support system that is robust,diverse,and globally competitive.Looking ahead,we aim to nurture 1,00,000 startups as a driver of our mission to make Tamil Nadu a$1 trillio